Rockefeller Capital Management L.P. Makes New Investment in VanEck BDC Income ETF (NYSEARCA:BIZD)

Rockefeller Capital Management L.P. acquired a new stake in VanEck BDC Income ETF (NYSEARCA:BIZD) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 88,010 shares of the company’s stock, valued at approximately $1,464,000. Rockefeller Capital Management L.P. owned 0.14% of VanEck BDC Income ETF as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BIZD. Raymond James Financial Inc. purchased a new stake in VanEck BDC Income ETF in the 4th quarter valued at about $5,532,000. Cerity Partners LLC increased its position in VanEck BDC Income ETF by 6.6% during the fourth quarter. Cerity Partners LLC now owns 34,079 shares of the company’s stock worth $567,000 after purchasing an additional 2,100 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck BDC Income ETF by 19.5% in the 4th quarter. Envestnet Asset Management Inc. now owns 359,678 shares of the company’s stock valued at $5,981,000 after purchasing an additional 58,755 shares during the last quarter. Wedbush Securities Inc. increased its holdings in shares of VanEck BDC Income ETF by 4.5% during the 4th quarter. Wedbush Securities Inc. now owns 114,572 shares of the company’s stock worth $1,905,000 after buying an additional 4,915 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in VanEck BDC Income ETF by 46.6% in the fourth quarter. Wells Fargo & Company MN now owns 1,974,956 shares of the company’s stock valued at $32,844,000 after acquiring an additional 627,364 shares during the last quarter.

VanEck BDC Income ETF Price Performance

Shares of NYSEARCA:BIZD opened at $15.06 on Monday. The business has a 50-day moving average of $16.42 and a two-hundred day moving average of $16.60. The firm has a market capitalization of $1.33 billion, a PE ratio of 9.80 and a beta of 0.85. VanEck BDC Income ETF has a 12 month low of $13.50 and a 12 month high of $17.86.

About VanEck BDC Income ETF

The VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is managed by VanEck.